Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF) Short Interest Up 2,071.4% in November

Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 15,200 shares, an increase of 2,071.4% from the October 31st total of 700 shares. Based on an average daily volume of 11,900 shares, the short-interest ratio is presently 1.3 days.

Eco (Atlantic) Oil & Gas Stock Performance

ECAOF opened at $0.12 on Friday. Eco has a 12 month low of $0.06 and a 12 month high of $0.22. The company has a fifty day simple moving average of $0.13 and a 200 day simple moving average of $0.15.

About Eco (Atlantic) Oil & Gas

Eco (Atlantic) Oil & Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. The company holds a 15% working interest in the Orinduik block comprising 1,800 square kilometers located in the Suriname Guyana basin; and 17.5% interests in the Canje Block covering an area of 4,800 square kilometers located in Guyana.